Singapore – Online recruitment rises 25% in October: Monster Employment Index


26 November 2021

Online recruitment in Singapore grew by way of 25% in October 2021 in comparison to October 2020, consistent with knowledge from the Monster Employment Index.

The Monster Employment Index stood at 141 in October 2021 in comparison to 113 in October 2020.

Month-on-month, the Index noticed an build up of two% in hiring task.

Monster famous that within the closing 3 months, it recorded a sequential enlargement of four%.

Online hiring call for in October 2021 exceeded the October 2020 degree in 12 of the 14 industries monitored by way of the Index.

BFSI (banking, monetary services and products, and insurance coverage) (41%), IT, Telecom/ISP and BPO/ITES (29%), and Education (26%), industries proceed to power hiring, being the highest 3 within the e- recruitment task on a year-on-year foundation.

Government/ PSU (public provider enterprise/protection (-10%) reported a decline whilst Shipping/Marine (0%) was once flat in October.

Online call for for pros noticed an annual upsurge for all 12 purposeful spaces monitored by way of the Index.

Software, {hardware}, telecom (54%) noticed probably the most vital year-on-year enlargement in e-recruitment amongst industries. This was once adopted by way of finance & accounts (47%) and criminal (39%) pros, which additionally ended in this uptick in general hiring developments.

The Index supplies a per month and quarterly research of on-line activity posting task performed by way of Monster.

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